30 year fixed rate mortgages are being quoted at 3.500% at PHH Mortgage and APR of 3.672%. The shorter term, popular 15 year fixed rate loans at the bank have been offered at 2.750% today yielding an APR of 3.056%.
10 year fixed rate loans are available starting at 2.690% and an APR of 3.135% today. 20 year fixed rate loans are on the books at 3.375% and an APR of 3.615% today.
40 year fixed rate loans are coming out at 4.000% yielding an APR of 4.143% today.
The 3/1 ARM loans have been offered at 4.060% carrying an APR of 3.409%. 5 year ARM interest rates at PHH start at 2.125% with a starting APR of 2.865%. ARM interest rates in the 7 year category start at 2.375% with an APR of 2.880%. The 10/1 Adjustable Rate Mortgage interest rates start at 2.690% currently and the APR is 2.979%.
The best 30 year refinance FRMs are being quoted at 3.500% at PHH yielding an APR of 3.723%. The shorter term, popular 15 year refi FRM interest rates are published at 2.750% carrying an APR of 3.239%. The 7/1 Adjustable Rate Mortgages are on the books at 2.625% today carrying an APR of 3.141%.